Shares of American Biltrite Inc. (OTCMKTS:ABLT – Get Free Report) were down 16.8% on Monday . The company traded as low as $79.00 and last traded at $79.00. Approximately 2 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 80 shares. The stock had previously closed at $95.00.
American Biltrite Stock Performance
The business has a fifty day simple moving average of $88.51 and a two-hundred day simple moving average of $99.11. The company has a quick ratio of 0.58, a current ratio of 1.35 and a debt-to-equity ratio of 0.09. The company has a market cap of $2.53 million, a P/E ratio of -2.00 and a beta of 0.27.
About American Biltrite
American Biltrite Inc, together with its subsidiaries, provides tape, jewelry, flooring, and rubber products worldwide. The company produces and offers pressure sensitive tapes, films, and protective sheeting under the American Biltrite and Ideal brands, which are used in various markets, such as automotive and transportation; construction; shoe/footwear; graphic arts, print, and signage; and various other industrial and consumer applications.
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